Skip to content
Nonprofiteer
← BRIGHT FUTURES

Form 990 for tax year 2024

Filed by BRIGHT FUTURES.

Totals

Total revenue
$2,592,249
Total expenses
$2,623,772
Contributions and grants received
$2,569,587
Grants paid
$936,574
Program service revenue
$1,787
Investment income
$20,875
Other revenue
$0
Total assets, end of year
$1,367,122
Total liabilities, end of year
$293,047
Net assets or fund balances, end of year
$1,074,075
Program services expenses (Part IX)
$2,360,340
Management and general expenses
$115,817
Fundraising expenses
$147,615
Program service expenses (Part III)
$2,360,340

Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $2,016,902

  • 1f · All other contributions, gifts and grants

    $552,685

  • 2a · Program service revenue: CLASS REGISTRATION FEE

    total $1,787 · related or exempt $1,787

  • 3 · Investment income

    total $20,875 · excluded $20,875

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $772,649 · program services $772,649

  • 2 · Grants to domestic individuals

    total $163,925 · program services $163,925

  • 5 · Compensation of officers, directors and key employees

    total $149,727 · program services $67,377 · management and general $7,486 · fundraising $74,864

  • 7 · Other salaries and wages

    total $646,381 · program services $608,660 · management and general $8,036 · fundraising $29,685

  • 8 · Pension plan contributions

    total $17,454 · program services $14,895 · management and general $342 · fundraising $2,217

  • 10 · Payroll taxes

    total $224,408 · program services $191,504 · management and general $4,402 · fundraising $28,502

  • 11c · Fees: accounting

    total $61,785 · management and general $61,785

  • 11g · Fees: other

    total $378,527 · program services $377,943 · management and general $584

  • 13 · Office expenses

    total $35,665 · program services $12,829 · management and general $22,836

  • 16 · Occupancy

    total $58,323 · program services $44,202 · management and general $1,774 · fundraising $12,347

  • 17 · Travel

    total $53,363 · program services $53,363

  • 23 · Insurance

    total $6,745 · management and general $6,745

  • 24a · Other expenses: SUPPLIES AND LEARNING M

    total $54,820 · program services $52,993 · management and general $1,827

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $829,965 · end of year $1,108,544

  • 3 · Pledges and grants receivable

    beginning of year $415,353 · end of year $249,652

  • 15 · Other assets

    beginning of year $43,833 · end of year $8,926

  • 17 · Accounts payable and accrued expenses

    beginning of year $41,991 · end of year $195,304

  • 25 · Other liabilities

    beginning of year $141,562 · end of year $97,743

  • 27 · Net assets without donor restrictions

    beginning of year $277,379 · end of year $325,410

  • 28 · Net assets with donor restrictions

    beginning of year $828,219 · end of year $748,665

Mission and programs · 2024

Mission

BRIGHT FUTURES PROVIDES RESOURCES TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES. BRIGHT FUTURES WORKS TO INCREASE THE QUALITY, ACCESSIBILITY AND AVAILABILITY FOR EARLY CARE AND EDUCATION IN SAN MIGUEL, OURAY, MONTROSE, DELTA AND SAN JUAN COUNTIES. BRIGHT FUTURES OFFERS ALIGNED, COLLABORATIVE AND INTEGRATED SERVICES ACROSS KEY SYSTEMS OF FAMILY SUPPORT AND EARLY CHILDHOOD CARE AND EDUCATION.

Activities or mission (Part I)

BRIGHT FUTURES PROVIDES RESOURCES TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES. BRIGHT FUTURES WORKS TO INCREASE THE QUALITY, ACCESSIBILITY, AND AVAILABILITY OF EARLY CARE AND EDUCATION IN SAN MIGUEL, OURAY, MONTROSE, DELTA, AND SAN JUAN COUNTIES.

  • BRIGHT FUTURES IS DEDICATED TO IMPROVING THE LIVES OF CHILDREN AND FAMILIES IN WESTERN COLORADO THROUGH INTEGRATED SERVICES IN EARLY CHILDHOOD CARE, EDUCATION, AND FAMILY SUPPORT. OPERATING AS AN EARLY CHILDHOOD COUNCIL, FAMILY RESOURCE CENTER, AND THE LOCAL COORDINATING ORGANIZATION (LCO) FOR UNIVERSAL PRESCHOOL (UPK), THE ORGANIZATION SERVES DELTA, MONTROSE, OURAY, SAN MIGUEL, AND SAN JUAN COUNTIES.KEY ACCOMPLISHMENTS IN THE PAST FISCAL YEAR:1) EARLY CHILDHOOD QUALITY & WORKFORCE DEVELOPMENT: 80% OF LICENSED CHILDCARE PROVIDERS ENGAGED IN QUALITY IMPROVEMENT THROUGH COLORADO SHINES. 93 EARLY CHILDHOOD TEACHERS RECEIVED PYRAMID COACHING, POSITIVELY IMPACTING 1,337 CHILDREN. THE ORGANIZATION PROVIDED 69 PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EARLY EDUCATORS.2) FAMILY SUPPORT SERVICES: TAILORED PROGRAMS STRENGTHENED FAMILIES AND IMPROVED OUTCOMES FOR VULNERABLE CHILDREN (BIRTH-18). THROUGH PARENTS AS TEACHERS (PAT), 364 HOME VISITS WERE CONDUCTED, AND 243 PARENTS ATTENDED WORKSHOPS. THE INTEGRATED SUPPORT SERVICES TEAM SERVED 39 CHILDREN WITH A HOLISTIC, CHILD-CENTERED APPROACH. $37,589 WAS DISTRIBUTED TO 8 FAMILIES THROUGH A "FLEX FUNDING" PROGRAM TO OFFER BASIC NEEDS SUCH AS HOUSING, FOOD, OR TRANSPORTATION.3) SAN MIGUEL COUNTY EARLY CHILDHOOD SUPPORT: UNDER THE STRONG START PROGRAM, BRIGHT FUTURES ADMINISTERED QUALITY IMPROVEMENT/CAPACITY-BUILDING GRANTS, TEACHER RECOGNITION AWARDS, AND CHILDCARE FINANCIAL ASSISTANCE. A TOTAL OF $733,785 IN GRANTS AND FINANCIAL ASSISTANCE WAS AWARDED. 4) UNIVERSAL PRESCHOOL IMPLEMENTATION: AS THE STATE-APPOINTED LCO, THE ORGANIZATION SUPPORTED FAMILIES, SCHOOL DISTRICTS, AND EARLY CHILDHOOD PROVIDERS IN FIVE COUNTIES TO ENSURE UPK ACCESS. 5) EARLY CHILDHOOD INFRASTRUCTURE & EXPANSION: PARTNERING WITH RURAL HOMES EARLY CHILDHOOD INITIATIVE, THE ORGANIZATION SUPPORTS HOMEOWNERSHIP PATHWAYS FOR FAMILY CHILD CARE PROVIDERS IN OURAY COUNTY. TEMPORARY STATE STIMULUS FUNDING ENABLED INITIATIVES SUCH AS FAMILY CHILD CARE HOME NAVIGATION, AND EXPANDED QUALITY IMPROVEMENT GRANTS. 6) AMERICORPS EARLY CHILDHOOD PILOT PROGRAM: RECRUITED 7 AMERICORPS MEMBERS AT 4 CHILDCARE SITES IN TELLURIDE, MONTROSE, DELTA, AND GUNNISON. 5 MEMBERS WERE RECRUITED LAST FISCAL YEAR, AND 1 GRADUATED FROM THE PROGRAM.BRIGHT FUTURES CONTINUES TO ADDRESS THE REGION'S CHILDCARE GAPS, ENHANCE FAMILY RESILIENCE, AND IMPROVE ACCESS TO HIGH-QUALITY EARLY LEARNING, ENSURING LONG-TERM BENEFITS FOR CHILDREN AND COMMUNITIES.

    Expenses $2,360,340 · Grants $936,574 · Revenue $1,787

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Susan Altman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matthew Bayma

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Alison Wright

    BOARD TREASURER & SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Gloria Chavira

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Heather Young

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Kathleen Merritt

    EXECUTIVE DIRECTOR

    Total calculated
    $187,043
    From this org
    $156,382
    From related orgs
    $0
    Other
    $30,661
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,382
    Bonus
    $0
    Other
    $0
    Deferred
    $4,548
    Nontaxable benefits
    $26,113
    Filer's total
    $187,043

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • PRIMETIME EARLY LEARNING CENTER

    $209,601

    SEE COMMENT ABOVE.

  • MOUNTAIN MUNCHKINS

    $156,938

    SEE COMMENT ABOVE.

  • RAINBOW PRESCHOOL

    $91,039

    SEE COMMENT ABOVE.

  • SEE COMMENT ABOVE.

  • MOUNTAIN SPROUTS

    $64,178

    SEE COMMENT ABOVE.

  • SEE COMMENT ABOVE.

  • ELAINE'S PLACE TELLURIDE LLC

    $46,643

    FUNDS USED TO SUPPORT PROFESSIONAL DEVELOPMENT , FINANCIAL ASSISTANCE TO FAMILIES FOR CHILDCARE, AS WELL AS CAPACITY BUILDING AND QUALITY IMPROVEMENT TO CHILDCARE PROVIDERS.

  • RASCALS TODDLER PROGRAM

    $27,184

    SEE COMMENT ABOVE.

  • SEE COMMENT ABOVE.

Provenance

Return type
form_990
Tax year
2024
Filed
15 January 2026
IRS schema version
2024v5.5
Source object
202620199349300977

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.